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Zenith Bank Suspends Int’l Transactions On Naira Card

by Judah Bamigboye
January 7, 2023
in Business
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Zenith Bank Suspends Int’l Transactions On Naira Card
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Zenith Bank has announced a suspeension of international transactions on its naira cards from Monday, January 9, 2023.

The bank said this in a recent notice to customers.

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In March last year, the financial institution reviewed its monthly international spending limit on naira cards from $100 to $20.

It also temporarily suspended international transactions on automated teller machines (ATMs), and point of sale (POS) channels.

In the latest announcement, Zenith Bank said customers will be unable to use its naira cards for international cash withdrawals, including web and POS transactions.

“Please be informed that you will be unable to use your Zenith Bank naira cards for international automated teller machine (ATM) cash withdrawals, POS transactions and web transactions with effect from Monday, January 9th, 2023,” the notice reads.

“If you have international spend requirements, simply visit any of our branches and request for a foreign currency debit or prepaid card, which are available in US dollar, pounds and euro variants.”

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